Cartier Bracelet Soars Past Estimate at Sotheby’s

Sothebys Geneva Saphhire and Diamond Bracelet

A sapphire and diamond bracelet fetched more than double its high estimate at Sotheby’s Geneva auction, selling to a female Asian collector after a bidding war. The piece contains a 47.07-carat, royal-blue Burmese sapphire center stone with high clarity, cut in a cabochon shape and flanked by two pear-shaped white diamonds weighing 9.27 carats and … Read more

Russia wants end to embargo on C.Africa diamonds

conflict minerals

Russia backs lifting an embargo on diamond exports from the Central African Republic, the deputy finance minister said Tuesday as Moscow was preparing to chair a global scheme regulating the gem trade. Russia has made moves to strengthen its influence in the poor but strategic CAR in recent months, sending military instructors to the country … Read more